Tips for Getting the Most out of Flat Fee MLS Listings

If handled correctly, flat fee MLS listings can be extremely beneficial. They allow you to pay no commission on a listing agent and can save you a great deal of money overall. Take the tips listed here and apply them to your situation.
 

There is no question that flat fee MLS listings do work and can save you thousands of dollars. The key is getting your listings noticed by buyers and realtors. Here are a few tips to help you get the most out of your real estate property and MLS listings.

The first tip is to use the advertising concept that is known as ADMA. This stands for Attention, Desire, Memory and Action. In order to get the attention of buyers and realtors, you want to advertise a price that creates action. You want to advertise your home for the price that you would sell to a cash buyer. This will attract the buyer while increasing your chances of selling your home.

With a flat fee MLS listing you want to leave no room for negotiation. The goal is to get offers and limit the amount of negotiating you do. You do not want to negotiate any more than one or two percent off of your MLS listed price. It is up to the realtors and buyers to determine if your listing is set at a good value.

The last tip to keep in mind is to consider offering a higher buyer’s agent commission. Typically flat fee sellers and full-service agents share commissions with buyer’s agents at 3%. By offering slightly more your flat fee listing will stand out making your listing far more appealing.

If handled correctly, flat fee MLS listings can be extremely beneficial. They allow you to pay no commission to a listing agent and can save you a great deal of money overall. Take the tips listed here and apply them to your situation.

By: listwithfreedom | In: Main | Comments: 0 | On: 04/09/2009 15:42:47

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